SEBI issued an Extension in timeline to submit comments on consultation paper on “Treatment of unclaimed funds and securities of clients lying with Trading Members (TMs)”

Mar 07, 2025 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Securities Exchange Board of India (SEBI), on March 07, 2025, issued an Extension in timeline to submit comments on consultation paper on “Treatment of unclaimed funds and securities of clients lying with Trading Members (TMs)”.

SEBI has published a consultation paper on "Treatment of Unclaimed Funds and Securities of Clients Lying with Trading Members (TMs)" on its website on February 11, 2025. The deadline for public comments, initially set for March 04, 2025, has now been extended to March 31, 2025.

Comments can be submitted via the web-based online mode at SEBI Public Comments Portal. In case of technical issues, comments can be emailed with the subject line "Treatment of Unclaimed Funds and Securities of Clients Lying with Trading Members (TMs)."


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